Star River broker Accounts

star river Account Types & Opening Guide 2025: Complete Comparison and Registration Steps

Part 1: star river Account Types Explained

Available Account Types

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.0 pips
• Leverage Options: Up to 1:500
• Key Features: Basic trading features, access to major currency pairs, and standard trading tools.
• Target User Profile: Beginners and casual traders.
• Trading Instruments Available: Forex, commodities, and indices.

1. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Tight spreads starting from 0.1 pips with a commission of $5 per lot.
• Leverage Options: Up to 1:200
• Key Features: Direct market access, lower spreads, and faster execution.
• Target User Profile: Intermediate to advanced traders.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

1. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Variable spreads starting from 0.5 pips with a commission of $3 per lot.
• Leverage Options: Up to 1:300
• Key Features: Advanced trading tools, priority customer support, and higher leverage options.
• Target User Profile: Professional and institutional traders.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

1. Islamic Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Similar to Standard or ECN accounts but without swap fees.
• Leverage Options: Up to 1:200
• Key Features: Complies with Sharia law, no overnight interest.
• Target User Profile: Muslim traders seeking compliant trading options.
• Trading Instruments Available: Forex, commodities, and indices.

1. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds)
• Spread/Commission Structure: Simulated trading conditions.
• Leverage Options: Up to 1:500
• Key Features: Practice trading without financial risk, access to all trading instruments.
• Target User Profile: Beginners and traders looking to test strategies.
• Trading Instruments Available: All available instruments in live accounts.

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginner: Standard Account
• Intermediate: ECN Account
• Advanced: Pro Account
• Muslim Traders: Islamic Account
• Practice: Demo Account

Part 2: star river Account Features Comparison

Detailed star river Account Features

Advantages of Each Account Type

• Standard Account:

• No commission fees.

• Suitable for beginners.

• Access to essential trading tools.

• ECN Account:

• Tight spreads and direct market access.

• Ideal for high-frequency trading.

• Lower trading costs for active traders.

• Pro Account:

• Advanced trading features and tools.

• Priority customer support.

• Higher leverage options for experienced traders.

• Islamic Account:

• Complies with Sharia law.

• No overnight interest charges.

• Suitable for Muslim traders.

• Demo Account:

• Risk-free trading environment.

• Ability to practice strategies.

• Access to all trading instruments.

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN accounts.

• Limited advanced features.

• ECN Account:

• Requires a higher minimum deposit.

• Commission fees may increase trading costs.

• Pro Account:

• Higher minimum deposit requirement.

• Not suitable for casual traders.

• Islamic Account:

• Limited availability for non-Muslim traders.

• May have fewer features compared to standard accounts.

• Demo Account:

• No real financial gains.

• Limited to virtual trading conditions.

Part 3: star river Account Registration Requirements

star river Account Registration Requirements

• Eligibility Criteria:

• Age Requirements: Must be at least 18 years old.

• Geographic Restrictions: Available to residents in most countries, but specific restrictions may apply based on local regulations.

• Prohibited Countries: Countries under international sanctions or with restricted trading laws.

• Identity Verification Documents Needed:

• Government-issued ID (passport or drivers license).

• Social security number or tax identification number (if applicable).

• Proof of Residence Requirements:

• Utility bill or bank statement dated within the last three months showing your name and address.

• Additional Documentation for Professional Accounts:

• Proof of trading experience or financial status may be required for Pro accounts.

• KYC/AML Compliance Procedures:

• Completion of Know Your Customer (KYC) forms.

• Anti-Money Laundering (AML) checks may be conducted.

• Verification Time Frames:

• Typically, account verification can take 1-3 business days, depending on the completeness of the submitted documents.

Part 4: star river Account Opening Process

Step-by-Step star river Account Opening Guide

1. Visit Website and Click Registration: Navigate to the star river website and select the account type you wish to open.
2. Personal Information Entry: Fill in your personal details, including name, email, and contact information.
3. Choose Account Type: Select the account type that best suits your trading needs.
4. Set Trading Preferences: Specify your trading preferences, including leverage and trading instruments.
5. Document Upload: Upload the required identity verification documents and proof of residence.
6. Account Verification: Wait for the account to be verified, which usually takes 1-3 business days.
7. Fund Your Account: Deposit the minimum required amount to activate your trading account.
8. Start Trading: Once your account is funded, you can begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, but mobile users may have a more streamlined experience with fewer steps.

Common Registration Issues and Solutions

• Issue: Document upload failure.

• Solution: Ensure documents are clear and in the correct format (JPEG, PDF).

• Issue: Verification delays.

• Solution: Contact customer support for assistance.

Average Account Approval Time

• The average account approval time is typically 1-3 business days, depending on the completeness of the application.

How to Upgrade/Downgrade Account Types

• Contact customer support to request an upgrade or downgrade of your account type. Additional documentation may be required for professional accounts.

Part 5: star river Demo Account Information

star river Demo Account Guide

• Demo Account Features and Benefits:

• Access to all trading instruments available in live accounts.

• Ability to practice trading strategies without financial risk.

• Virtual funds provided to simulate real trading conditions.

• How to Open a Demo Account:

• Visit the star river website and select the demo account option.

• Fill out the registration form and submit.

• Demo Account Limitations:

• Limited to virtual trading; no real financial gains.

• May have a time limit or expiry date depending on the broker's policy.

• Virtual Balance Amount:

• Typically, demo accounts come with a virtual balance of $10,000 or more.

• Demo vs Live Account Differences:

• Demo accounts use virtual funds and simulate trading conditions, while live accounts involve real money and actual market conditions.

• Duration/Expiry of Demo Accounts:

• Demo accounts may expire after a certain period, usually 30 days, but this can vary by broker.

Part 6: star river Islamic Account Details

star river Islamic Account Details

• Swap-Free/Islamic Account Availability:

• Islamic accounts are available for traders who require compliance with Sharia law.

• Eligibility Requirements:

• Must be a Muslim trader seeking a swap-free trading environment.

• Differences from Standard Accounts:

• Islamic accounts do not incur swap fees for overnight positions.

• How to Apply for Islamic Account:

• Select the Islamic account option during the registration process and provide necessary documentation.

• Restrictions or Special Conditions:

• Islamic accounts may have specific trading conditions or limitations compared to standard accounts.

FAQs – star river Account Types & Opening

1. What account types does star river offer？

• Star river offers Standard, ECN, Pro, Islamic, and Demo accounts.

1. What is the minimum deposit for each account type？

• Standard: $100, ECN: $500, Pro: $1,000, Islamic: $500, Demo: N/A.

1. How long does star river account verification take？

• Verification typically takes 1-3 business days.

1. Does star river offer demo accounts？

• Yes, star river provides demo accounts for practice trading.

1. Can I have multiple account types with star river？

• Yes, you can open multiple account types as needed.

1. Does star river offer Islamic/swap-free accounts？

• Yes, Islamic accounts are available for compliant trading.

1. What documents do I need to open a star river account？

• A government-issued ID and proof of residence are required.

1. Can I change my account type after registration？

• Yes, you can request to upgrade or downgrade your account type through customer support.